In an interview with The Verge, IBM CEO Arvind Krishna stated that artificial intelligence is not the primary reason for the current wave of layoffs in the tech sector. Rather, he attributed the latest job losses to a "natural correction" and blamed the pandemic's overhiring. According
SEBI has taken its most severe action to date against a financial influencer, ordering the impoundment of INR 546 crore and barring Avadhut Sathe, the founder of the Avadhut Sathe Trading Academy (ASTA), from the securities market. According to the authority, this money was obtained by deceiving thousands of ordinary
The Indian startup ecosystem witnessed a dynamic day of funding on 4th December 2025, with major investments across electric mobility, AI, enterprise software, sports tech, underwater robotics, and music commerce. Ultraviolette raised $45 million to scale its electric motorcycles, while Nexus Venture Partners closed a $700 million fund to back
In response to growing criticism of Big Tech's use of generative AI, the European Commission announced on 4 December that it has launched a new antitrust probe against Meta Platforms and started a new tab over the development of AI features in WhatsApp. As the union looks to
A 'notified partner' of Raiden Infotech India, Adani Infra (India) Pvt Ltd, has been granted 480 acres of property in the districts of Visakhapatnam and Anakapalli by the Andhra Pradesh government. One GW AI Data Centre will be established in the state by Google subsidiary Raiden Infotech India.
SpinItUp, India's first interactive music commerce platform that lets club-goers pay to request their favorite songs during live DJ sets, today announced that it has secured INR 50 Lakh in pre-seed funding from Zee TV Ideabaaz Titans; Jimmy Mistry (Della Adventure Resorts), Anupam Bansal (Liberty Shoes) and Archana
Zepto, a platform for quick commerce (qcom), has used slotted delivery in a few places. Instead of relying just on immediate delivery, the function enables customers to arrange their orders for a particular time window. It is presently undergoing pilot testing in a few places, such as Bengaluru and Delhi.
India’s biggest franchise success stories are no longer limited to food courts, gyms, or retail chains. A quieter revolution is taking shape within India’s residential neighbourhoods, and FABO is one of the brands leading it. By turning everyday laundry into a profitable, tech-enabled service category, FABO has built
In an effort to offset losses brought on by US tariffs imposed by President Donald Trump, Canadian steel manufacturer Algoma Steel Group plans to close its blast furnace in northern Ontario and lay off 1,000 employees, or roughly 40% of its workforce. According to a Bloomberg article, the Sault
CoreOps.AI, a deep-tech innovator in enterprise AI modernization today announced that it has raised USD 3.5 million in a Pre-Series A round led by Siana Capital Management, with participation from Kettleborough, Aroa Venture Partners and distinguished HNI investors. The capital infusion will accelerate CoreOps.AI’s engineering expansion,
TIDA Sports, a Chandigarh-based multi-sports training & coaching platform has raised ₹3 crore in seed funding led by Inflection Point Ventures. The funding will be used towards widening its footprint across five states and 30 cities, working closely with 200 schools as it aims to bring quality sports training to
Planys Technologies, a deep-tech leader in underwater robotics and advanced inspection solutions, today announced that it has raised ₹100 crore in primary funding to propel the next phase of its global expansion. The investment is led by marquee investors Ashish Kacholia and Lashit Sanghvi, with participation from existing investors including
According to The Economic Times, OpenAI and Tata Consultancy Services (TCS), the biggest software services exporter from India, are in advanced negotiations to collaborate on the development of artificial intelligence compute infrastructure in India. According to the report, which cited people with knowledge of the matter, the two businesses will
The Indian startup ecosystem witnessed a strong flow of funding on 3rd December 2025, with significant investments across AI learning, fintech, cybersecurity, apparel, and clean-tech mobility. From Yoodli’s major Series B round strengthening AI-driven communication training to Mannjal’s seed funding supporting credit-distribution infrastructure, early and growth-stage startups continued
According to various media reports, Healthify, an Indian digital health and wellness startup, is concentrating on the US in an effort to establish the US as its primary source of income. Healthify's co-founder and CEO, Tushar Vashisht, told a media outlet that the company is still in its
In an effort to help businesses maximise the benefits of generative AI, Amazon Web Services launched a number of new AI tools and services on 3 December. Among these is a new class of AI bots that, according to AWS, can do work for hours or days without running into
JSW Steel has announced a major strategic partnership with Japan’s JFE Steel. Under the agreement, the steel business operations of Bhushan Power & Steel Ltd (BPSL) will be transferred to a new 50:50 joint venture (JV) between JSW Steel and JFE Steel. As part of the deal, JFE
* Mirror Security has also signed a multi-million-dollar strategic partnership with G42’s Inception AI, a global AI infrastructure giant, to secure next-generation AI ecosystems Mirror Security, a research-driven AI security company, raised $2.5 million in pre-seed funding from Sure Valley Ventures (SVV) and Atlantic Bridge to scale its breakthrough
Superhealth, India’s first hospital network with zero wait-time and zero commission, has officially launched its flagship facility in Salapuria Towers, Koramangala, Bengaluru, marking the first milestone in its mission to establish a 100-hospital network across the country. The investment into Superhealth has been made by the family office of
In an attempt to keep up with the rapidly changing field of artificial intelligence (AI), Apple has named Amar Subramanya, a Bengaluru-born AI researcher and engineer with extensive experience at Google and Microsoft, as its new vice-president of AI. Subramanya will oversee Apple's AI operations, including foundation models,
According to Bloomberg News, the Adani Group is getting ready to expand its airport business significantly. By 2030, it plans to invest $15 billion to increase the capacity of its network for handling passengers. Over the next five years, the company wants to grow its airports to accommodate 200 million
The Indian startup ecosystem remained dynamic on 2nd December 2025, with a mix of fresh venture funding, major expansion plans, and notable corporate acquisitions. Early-stage and growth-stage companies continued to attract strong investor attention, underscoring confidence across proptech, fintech, logistics, and digital transformation sectors. Modulus Housing and StockGro led the
Aman Gupta, Co-founder of boAt Lifestyle and a popular investor on Shark Tank India, shared a striking investment update today on LinkedIn. Gupta revealed that his INR 12 lakh investment in Let’s Try, a snack brand founded by Nitin Vinod Kalra along with his family, has now grown to
Razorpay for Businesses, a payments and banking platform, announced on 2 December that it has obtained a Payment Aggregator-Cross Border (PA-CB) licence from the Reserve Bank of India (RBI). According to a business release, Razorpay is now one of a small group of fintech companies that are allowed to process